$COW has experienced a notable decline of 7.125% over the past 24 hours, dipping to a low of 0.3358. Currently, it is hovering near support at 0.3358, raising concerns among traders about possible rejection or a breakout attempt towards the resistance at 0.3789. With an RSI of 38.32, the asset is approaching oversold territory, indicating potential for a rebound if market sentiment shifts positively. Traders remain cautious, reflecting undefined sentiment as they await significant news or catalysts that could influence the next price movement.